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Diamond Power Infra balance sheet is weak and might have solvency issues
The debt of Diamond Power Infra is decreasing.
Latest debt of Diamond Power Infra is ₹248 Crs as of Sep-24.
This is less than Mar-24 when it was ₹296 Crs.
Yes, profit is increasing.
The profit of Diamond Power Infra is ₹21.55 Crs for TTM, ₹17.02 Crs for Mar 2024 and -₹42.88 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Diamond Power Infra latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable